FEAS Yearbook FEAS Yearbook 2009 | Page 133

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT APRIL 2009 TIRANA STOCK EXCHANGE ALBANIA ECONOMIC CHARTS AND TABLES GDP at market prices Lk bn GDP US$ bn Real GDP growth (%) Consumer price inflation (av; %) Population (m) Exports of goods fob (US$ m) Imports of goods fob (US$ m) Current-account balance (US$ m) Foreign-exchange reserves excl gold (US$ m) Exchange rate (av) Lk:US$ 2002 (a) 2003 (a) 2004 (a) 2005 (a) 2006 (a) 2008 625 4.5 2.9 5.5 3.1 330.2 -1,485.3 -407.6 838.8 140.16 683 5.6 5.7 2.4 3.1 447.1 -1,783.4 -406.8 1,009.4 121.87 766 7.5 5.9 2.3 3.1 603.4 -2,195.0 -358.0 1,357.6 102.78 837 8.4 5.5 2.4 3.2 656.2 -2,477.5 -571.5 1,404.1 99.87 909 (b) 9.3 (b) 5.0 (b) 2.4 3.2 792.9 -2,915.7 -670.8 1,768.8 98.10 1072 13.5 6.1 2.6 3,3 19.96 17.01 -857.1 1,474 83.5 (a) Actual. (b) The Economist Intelligence Unit estimates. ECONOMIC FORECAST SUMMARY Real GDP growth (av) Agricultural output growth (av) Industrial output growth (av) Consumer price inflation (av) Money market interest rate (%) Government balance (% of GDP) Exports of goods fob (US$ m) Imports of goods fob (US$ m) Current-account balance (US$ m) Current-account balance (% of GDP) Exchange rate Lk:US$ (av) Exchange rate Lk:[euro] (av) 2005 (a) 2006 (a) 2007 (b) 2008 (b) 5.5 2.6 -3.4 2.4 5.5 -3.6 656 -2,478 -572 -6.8 99.9 124.4 5.0 (c) 2.5 2.0 2.4 5.5 (c) -3.2 (c) 793 -2,916 -671 -7.2 (c) 98.1 123.2 5.0 2.5 2.0 2.5 6.0 -3.5 962 -3,420 -918 -8.5 92.7 125.0 4.0 3.0 3.0 2.6 6.7 -3.9 1327 -3,758 -927 -7.9 83.5 122.74 (a) Actual. (b) The Economist Intelligence Unit forecasts. (c) The Economist Intelligence Unit estimates. 2008-PRINCIPAL EXPORTS (%) Building materials Textiles & footwear Food, beverages & tobacco Machinery 56.9 2008-PRINCIPAL IMPORTS (%) Minerals, fuel & electricity Other Machinery Food, beverages & tobacco Building materials Minerals, fuel & electricity Textiles & footwear Other 17.4 17.4 18.3 15.1 8.3 8.2 4.1 11.7 22.2 5.1 14.7 2008-MAIN DESTINATION OF EXPORTS (%) Italy Greece Germany Macedonia Other 2008-MAIN ORIGINS OF IMPORTS (%) Italy China 9.6 72.6 Greece Other Turkey 15.7 3.2 1.6 13.0 28.1 7.6 6.0 42.6 PAGE 131